Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, ...
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...
A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of ...
Wall Street banks, including industry giants like Citigroup, JPMorgan, and Goldman Sachs, are expected to cut up to 200,000 ...
Citi said in a report in June that AI is likely to displace more jobs across the banking industry than in any other sector.
SoundHound AI stock is getting hit hard today following the latest U.S. jobs report. While the report showed that more jobs were added last month than broadly expected, this is actually a bearish ...
"The trajectory of layoffs in 2025 will depend on several factors, including macroeconomic conditions, consumer demand, and ...
Microsoft is set to lay off more employees, targeting those deemed underperformers, including in its vital security division.
A spokesperson for the company confirmed plans to cut jobs, the Business Insider report said, but did not specify the scale ...
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.